Global Policies & Initiatives

This presentation provides an overview of the United Nations Global Compact and its initiatives to promote sustainable development and good corporate citizenship. It explains the value of participation and discusses the core principles of the Global Compact. The presentation also covers the Communication on Progress (COP) and the steps involved in creating, sharing, and submitting a COP. Additionally, it highlights the importance of maximizing intelligence and showcases the progress made by businesses in various areas such as age verification, environmental practices, and anti-corruption measures. The presentation concludes by emphasizing the role of transparency in building trust and mentions the participation of non-business organizations in the Global Compact.

Global Policies & Initiatives
Name
Date

 Organization’s website:
www.unglobalcompact.org
 Launched in 2000, the UN
Global Compact brings
business together
 With over 3,000 participating
companies from more than
100 countries, it is the world’s
largest voluntary corporate
citizenship initiative.
United Nations Global
Impact

 A voluntary initiative to promote sustainable
development and good corporate citizenship
 A set of values based on universally
accepted principles
 A network of companies and other
stakeholders
 A forum for learning and exchange of
experiences
The Global Compact IS ...

 Legally binding
 A means of monitoring company behavior
and enforcing compliance
 A standard, management system, or code of
conduct
 A regulatory body
 public relations channel
The Global Compact is
NOT ...

The Value of Participation

The Global Compact
Performance Model

 Businesses should support and respect the protection of
internationally proclaimed human rights;
 Make sure that they are not complicit in human rights abuses
 Businesses should uphold the freedom of association and the
effective recognition of the right to collective bargaining;
 The elimination of all forms of forced and compulsory labour;
 The effective abolition of child labour;
 The elimination of discrimination in respect of employment
and occupation.
Core Principles

 Vision: Integrating a commitment to responsible
corporate citizenship in the company’s vision.
 Leadership: A leadership commitment to improved
social and environmental performance is crucial in
effecting lasting change.
 Empowerment: Organizing, informing, showing,
motivating, training, rewarding, listening to,
consulting, and trusting staff so that they can play
their role in helping their organization achieve its
vision.
Summary

 Lies in both the creation of the report (internal
benefits) and in sharing it publicly (external benefits)
 Internal benefits
 Live up to a sustainable vision and strategy
 Supports efforts to identify business risks and opportunities
 Encourages internal information sharing
 External benefits
 Demonstrates active participation in the Global Compact
 Enhances stakeholder relations
 Improves corporate reputation and brand value
Communication on Progress
(COP)

 Step 1) Creating an annual Communication on
Progress
 A statement of continuing support
 A description of practical actions
 A measurement of outcomes
 Step 2) Sharing the COP with the company’s
stakeholders
 Step 3) Submitting the COP to the Global
Compact websitet
The Three Steps of Creating,
Sharing and Submitting a
COP

 The primary means for companies to engage
in the Global Compact is to make the
principles an integral part of their business
strategy and operation
 There are three main types of partnership:
 In advocacy and policy dialogue partnerships
 In social investment and philanthropy
partnerships,
 In core business partnerships,
Maximizing Intelligence

 15% Increase in mechanisms for age
verification
 8% Increase in monitoring &
evaluation of performance
 6% Increase in vocational training &
counseling
BUSINESS WORKING TOWARDS
HIGHER STANDARDS (2009-2013)

 8% Increase in public disclosure of policies
and practices
 6% Increase in reporting of emissions and
strategic climate data
 6% Increase in setting consumption and
responsible use objectives
COMPANIES COMING CLEAN ON
ENVIRONMENT (2009-2013)

 14% Increase in policies related to
corruption
 11% Increase in zero-tolerance policy
 13% Increase in anti-corruption
management system
RISING BUSINESS TIDE AGAINST
CORRUPTION
(2009-2013)

TRANSPARENCY BUILDS TRUST
 Over 4,000 non
business
organizations
participate in the
Global Compact
 They submit a
Communication on
Engagement (COE)
every two years

 United Nations Global Impact
www.unglobalcompact.org
Reference